Hedge funds exit consumer discretionary stocks in Q2... [more]Komfie Manalo, Opalesque Asia: A S&P Global Market Intelligence study has found that hedge funds sold $3bn in consumer discretionary stock in the second quarter, led by $1bn in sales of Nike stock. The healthcare sector saw $1.4bn sales among top hedge funds and the information technology sector

Passive investing just blew past 2016's record level... [more]From CNBC.com: Investors have piled a fresh record level of money into Exchange Traded Funds this year as the fashion for passive investing shows no sign of slowing. Across the first seven months of 2017, investors routed $391 billion into ETF's, already beating last year's record annual inflow of $

Renaissance's Medallion made a stunning shift after Trump's Election... [more]From Bloomberg.com: The news sent millionaires who work at the hedge fund powerhouse Renaissance Technologies searching for cash. The in-house gold mine, the wildly lucrative Medallion fund, was suddenly looking for capital. The firm told staff that they would be allowed to increase their Medallion

Ethereum sets new transaction record, outperforming Bitcoin... [more]From Venturebeat.com: Bitcoin is getting most of the attention these days with prices repeatedly hitting new all time highs (although today saw a slight correction). However, Bitcoin is getting beaten on one area. For the first time ever, Ethereum yesterday had more than 400,000 transactions, a reco

Comment - Why hedge funds are in vogue... [more]From Moneyweb.co.za: Over a 12-month period, hedge funds have delivered decent returns while global financial markets became increasingly volatile. However, several factors - such as rising US interest rates, the recurrence of big fluctuations in global currencies, and the widening dispersion of equ

Asia - Asian hedge funds rebuild assets, reach 18-month high... [more]From Asia.nikkei.com: Asia's hedge funds have the most assets under management since the end of 2015, thanks to brisk performance by Indian and Chinese stocks as well as more investor interest.
Funds in the region managed $117.1 billion at the end of June, U.S. company Hedge Fund Research said